TRIUMPHANT HANDS INC

EIN: 861578086 501(c)(3) Human Services

HARRIMAN, NY

Total Revenue
$287,036
Total Expenses
$295,594
Total Assets
$475
Net Assets
$475
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
NY
Principal Officer
SEGUN OGUNYEMI
Phone
6464610185
Tax Period
2024-01-01 to 2024-12-31

TRIUMPHANT HANDS INC, founded in 2021, is a small nonprofit in the Human Services sector that reported $287K in total revenue in fiscal year 2024.

Mission

THE ORGANIZATIONIS DEDICATED TO SERVING ADULTS WITH AUTISM, INTELLECTUAL AND DEVELOPMENTAL DISABILITIES AND INSURING THAT FAMILY IS THE CENTERPIECE OF OUR MISSION AND PHILOSOPHY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $287,036
Investment Income $0
Other Revenue $0
TOTAL REVENUE $287,036

Expense Breakdown

Grants Paid $0
Salaries & Benefits $163,800
Fundraising Expenses $0
Program Expenses $219,755
Other Expenses $131,794
TOTAL EXPENSES $295,594

Year-over-Year Comparison

2024 2023 Change
Revenue $287,036 $285,454 +0.0%
Expenses $295,594 $270,137 +0.1%
Net Income $-8,558 $15,317 -1.6%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
4
Employees
3
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$137,308
Total Directors
2
$108,809
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SEGUN OGUNYEMI EXECUTIVE DIRECTOR 050.00
Officer Director
$91,508 $0 $91,508
OLAJUMOKE OGUNYEMI OFFICER 040.00
Officer
$45,800 $0 $45,800
UMOETTE JOHN TRUSTEE 020.00
Director
$17,301 $0 $17,301
ALBERT ARMSTEAD TRUSTEE N/A
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $287,036 $295,594 $475 $-8,558
2023 $285,454 $270,137 $36,575 $15,317
2022 $213,484 $195,521 $22,658 $17,963
2021 $119,459 $114,764 $4,695 $4,695
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